The MNRB Scholarship Fund was established by MNRB Holdings Berhad in 1 April 1998 with an objective to assist in the development of the nation’s insurance and takaful industries by enabling promising students to have access to quality education in order to produce quality insurance and takaful professionals for the long term development of the Malaysian insurance and takaful industries.
Since then the Fund has awarded more than 430 bright Malaysians from all races to pursue full-time studies in Actuarial Science, Risk Management and Insurance at local universities. The Fund, in collaboration with the Malaysian Insurance Institute (MII), also awards scholarships to employees of the local insurance industry to pursue part-time studies for the Diploma of the Malaysian Insurance Institute (DMII) and the Associateship of the Malaysian Insurance Institute (AMII) certifications at MII.
Scholarship Presentation Ceremony
English Intensive Programme
Teambuilding & Training for MNRB scholars
A: Full time studies in local public higher institution of learning or Institusi Pengajian Tinggi Awam (IPTA) pursuing Matriculation / Foundation, Diploma and First Degree in Risk Management, Insurance, Information Technology, Actuarial Science and also Accounting / Finance.
- Age 23 years old and below, at the time of application
- Candidates must have obtained at least 6As inclusive of English, Mathematics, and Science in the Sijil Pelajaran Malaysia (SPM) examination or Trial SPM examination; or
- Obtained a Cumulative Grade Point Average (CGPA) of at least 3.50 and pass the General Studies in the Sijil Tinggi Pelajaran Malaysia (STPM) examination; or
- Obtained a CGPA of at least 3.50 for Matriculation, Foundation, Diploma or First Degree.
A: Yes, you are encouraged to apply using your trial results, provided your trial results are in accordance with the criteria as mentioned above in Q3.
A: If the candidate is successful in the interview based on the trial results, a provisional scholarship offer shall be given. Should the actual results not fall within an acceptable range with the trial results or has not met the minimum criteria set in Q3, the provisional offer would then be revoked.
A: If the course offered to you is still within the field of studies appearing in the advertisement, your scholarship will not be revoked.
A: Any IPTA would be accepted, however the course must be approved by Agensi Kelayakan Malaysia or The Malaysian Qualifications Agency (MQA).
A: No. You can still apply for the scholarship even if you have not been enrolled in any institutions. However, the scholarship will only be disbursed to scholars upon successfully gaining entry into the approved programmes.
A: Due to overwhelming response, only short-listed candidates will receive an invitation via post and email to attend an interview.
A: The advertisement would be published in early December in the following newspapers - The Star and Berita Harian.
A: Yes. There is a bond where the scholar is required to serve a stipulated Period of Compulsory Service with the Company or any of its subsidiaries or any other organizations as directed by the Board of Trustees.
A: The length of the Period of Compulsory Service shall depend on the amount of scholarship expanded on the scholar during the course of his/her studies. Such period shall not be less than 2 years and not more than 6 years.
A: The scholar and/or their Sureties (guarantors) would then be required to reimburse the amount of scholarship expanded during the course of studies to the Fund.
A: 2 Sureties are required and they must comply with the following requirements:
- Malaysian citizen residing permanently in Malaysia;
- Not a guarantor to any other parties;
- Not a bankrupt;
- Age not exceeding 45 years & healthy;
- Should be of an acceptable financial position.
A: No. It has to be handwritten in English
A: Interviews are usually held around end February or early March each year at Bangunan Malaysian Re, Lorong Dungun, Damansara Heights, Kuala Lumpur.
A: Early April each year.
Annual Report For The Financial Year Ended 31 March 2016